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senate confirmation vote on janet yellen, we will discuss what janet yellen and her appointment means for the u.s. and the global economy. theirnate begins confirmation vote. ♪ >> from cold weather we progressed to the u.s. senate. it is voting on the nomination of janet yellen to head the federal reserve. she would be the 15th chairman and the first woman to head the central bank. joining me now to discuss what her nomination means for the u.s. and our economy, alice , former vice chairman of the fed. stephen oliner. what do you know about janet yellen, what kind of federal reserve chief would she make? >> you will be a great chief. i really supported her nomination from the beginning. nobody could possibly be better prepared for the job than janet is going to be. she has been the vice chair of the fed for the past four years. she had been an important architect of the policies that the fed has been pursuing. she has the right temperament for the job. she is reality cold. thereally focuses on problem at hand. she is very careful and she has great judgment. i expect good things from
senate confirmation vote on janet yellen, we will discuss what janet yellen and her appointment means for the u.s. and the global economy. theirnate begins confirmation vote. ♪ >> from cold weather we progressed to the u.s. senate. it is voting on the nomination of janet yellen to head the federal reserve. she would be the 15th chairman and the first woman to head the central bank. joining me now to discuss what her nomination means for the u.s. and our economy, alice , former vice...
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dealing with issues like unemployment insurance and the nomination of janet yellen. and that arctic winter blast has a lot of you shaking in your boots. those state officials in utah who oppose gay marriage winning a victory in court, at least for now. putting a stop to same sex marriages, putting a stop to the decision, this is the rowe v wade decision of the 21st century. why? >> those that feel it is a federal constitutional right to marry, as many say it is your federal right to choose, left to the state to determine whether gay people have the right to marry. it is that old tension we have between federal and state rights. >> sonia sotomayor, is it just the luck of the draw? >> federal justices divvy up the districts, this is a procedural decision she's made. they just stayed the law and the judge has made the decision in the state of utah. and she said everybody hold on while this appeal proceeds. the law will remain as it is in the state of utah. they haven't decided anything substantively in the u.s. supreme court, although i predict they will. >> what happen
dealing with issues like unemployment insurance and the nomination of janet yellen. and that arctic winter blast has a lot of you shaking in your boots. those state officials in utah who oppose gay marriage winning a victory in court, at least for now. putting a stop to same sex marriages, putting a stop to the decision, this is the rowe v wade decision of the 21st century. why? >> those that feel it is a federal constitutional right to marry, as many say it is your federal right to...
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gerri: moments ago, janet yellen confirmed by the senate. the next leader of the federal reserve taking up the reins from ben bernanke, the first woman to lead the bank. she starts february 1st. a vote by the full senate. this comes as no surprise. that is her with the white here right there. she will take his spot. pretty interesting to see how it affects the markets. joining me now, talking about housing and dug from lending tree, ceo. i want to your reaction. the as a make a big difference. he did a good job navigating all the issues. gerri: and we have not seen a lot of that. a lot of people very worried about what will happen. four and a half percent right now. the rates are going to be probably north of 5%. >> but not substantially north. housing costs strives affordability. start-up a big effect. interest rates call the shots. we have not seen that for years. >> i think we're going to get back to that for a long time. homes are still affordable. government regulations are, for the most part, coming down and fairly certain. at the pari
gerri: moments ago, janet yellen confirmed by the senate. the next leader of the federal reserve taking up the reins from ben bernanke, the first woman to lead the bank. she starts february 1st. a vote by the full senate. this comes as no surprise. that is her with the white here right there. she will take his spot. pretty interesting to see how it affects the markets. joining me now, talking about housing and dug from lending tree, ceo. i want to your reaction. the as a make a big difference....
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janet yellen would be the first woman to lead the fed and its 100 year history. the airline is shutting down servers to four major airports because of the dangers cold temperatures. weather hasrs cold prompted jetblue to take the step of shutting down flights in and out of new york and boston for the next 17 hours. >> this is adding to problems caused by snow across the country. kendis gibson is at reagan international airport. >> that is exactly right. it is a combination of the snow that has impacted part of the country over the next -- last few days. the cold weather that we are going to have come tomorrow. and actually -- right now. all of that is resulting in some more cancellations that we have seen in months. so many passengers made it to reagan national airport today only to find out they would have to come back another day. >> a 40 below windchill. >> he is trying to return to lima, peru after spending the holidays here. his flight was so delayed and it had a domino effect. >> they change my flight and so now i am playing tomorrow. >> this was her second
janet yellen would be the first woman to lead the fed and its 100 year history. the airline is shutting down servers to four major airports because of the dangers cold temperatures. weather hasrs cold prompted jetblue to take the step of shutting down flights in and out of new york and boston for the next 17 hours. >> this is adding to problems caused by snow across the country. kendis gibson is at reagan international airport. >> that is exactly right. it is a combination of the...
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we expect janet yellen will be confirmed as the federal reserve chair. we expect there could be a large number of no votes. as many as 30. that's the high water mark for no votes for a fed chair nominee. we think that janet yellen might get 30, possibly more no votes here today. nonetheless, it won't be enough to stop her. we expect that she will go through here. you have to keep an eye on these things. it's the senate. >> we do. thanks for that. not packed like that senate chamber is empty. josh, you're gearing up for this vote for some time. >> i am. >> you're all decked out. >> i would like to point out any janet yellen tie, made by vineyard vines. it's a gift. and it's got janet riding a dove. and there's a magic wand, creating money out of thin air. along with the donkey and the elephant battling it out. it sums up the market view. thank you for this beautiful tie. >> thanks. >>> apple downgrade -- >> anybody else any other shameless plugs? b.k., you got a bitcoin deal? this is fantastic. >> are you getting paid? >> why am i supposed to say. >> you
we expect janet yellen will be confirmed as the federal reserve chair. we expect there could be a large number of no votes. as many as 30. that's the high water mark for no votes for a fed chair nominee. we think that janet yellen might get 30, possibly more no votes here today. nonetheless, it won't be enough to stop her. we expect that she will go through here. you have to keep an eye on these things. it's the senate. >> we do. thanks for that. not packed like that senate chamber is...
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will janet yellen stay on the bernanke path or cut a new one on her own? the man with all things fed, "wall treet journal's" jon hilsenrath the fed reporter. >> happy new year. david: happy new year. we have a lost opposition. not enough to knock down the nomination. she will be confirmed but we've never seen this much opposition before. is it against her personally or is this some kind of a vote against the fed? >> well, i think it would be, you would call it a vote against the fed. let's not forget when bernanke was renominated by barack obama four years ago he faced a lot of opposition and fed and white house had to fight really hard to keep him in the job. i think what we're seeing is more of that. particularly from republicans who are unhappy with a lot of unconventional things the fed has done under bernanke's tenure. david: is it going to affect janet yellen in any way? will she take that as a message? >> no, i on't think it will affect her. i think she will be confirmed. and the opposition that is, that is more of an issue for her is not what she s
will janet yellen stay on the bernanke path or cut a new one on her own? the man with all things fed, "wall treet journal's" jon hilsenrath the fed reporter. >> happy new year. david: happy new year. we have a lost opposition. not enough to knock down the nomination. she will be confirmed but we've never seen this much opposition before. is it against her personally or is this some kind of a vote against the fed? >> well, i think it would be, you would call it a vote...
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we expect janet yellen will be confirmed but what you want to watch for here are the no votes for janet yellen, because we could be on the verge of a historic total of no votes. i went ahead earlier today and put together a graph of every single vote for a federal reserve chairman over the course of the past 20 years or so. let me give you just one little slice of it. look at paul voelker's no-votes in 1983 in the teeth of a very tough recession, high interest rates. he got 16 no votes. ben bernanke back in 2010, last time around, got 30 no votes and we expect that janet yellen could hit that threshold or beat it and have the highest level of no votes ever, possibly, this evening. that's going to be some little bit of drama to watch for. but the overall drama, not so much. we expect janet yellen will be confirmed. >> thank you very much. >>> still ahead, a market discussion that would make charles dickens proud. we tasked two of our greatest market minds to come up with their great expectations. i promise no oliver twists in this discussion. >>> the sharks are coming to cnbc. we will sp
we expect janet yellen will be confirmed but what you want to watch for here are the no votes for janet yellen, because we could be on the verge of a historic total of no votes. i went ahead earlier today and put together a graph of every single vote for a federal reserve chairman over the course of the past 20 years or so. let me give you just one little slice of it. look at paul voelker's no-votes in 1983 in the teeth of a very tough recession, high interest rates. he got 16 no votes. ben...
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if approved janet yellen would be the first woman to head the federal reserve. ,,,,,,,,,,,,,,,, ♪[ music ] >>> in just a few hours, lawmakers are expected to vote on president obama's nomination of janet yellen to take over as chair of the federal reserve. if confirmed, she would become the first woman to lead the 100- year-old bank. currently the fed's vice chair. she taught economics at cal berkely. >>> liz cheney dropping out of wyoming's u.s. senate race, today the eldest daughter of dick cheney says quote, serious health issues have recently arosen in our family. many questioned her wyoming roots, since she grew up in virginia. >>> deadlines are extended for anyone who got coverage through covered california. the new deadline to pay is january 15. as long as you pay by then, you are covered all month. the extense was granted after people reported problems getting invoices. >>> the supreme court is putting same-sex marriage in utah on hold. an emergency appealed by the state. on december 20, the u.s. district ruled the state's ban on gay marriage, violates gay and lesbian couples' co
if approved janet yellen would be the first woman to head the federal reserve. ,,,,,,,,,,,,,,,, ♪[ music ] >>> in just a few hours, lawmakers are expected to vote on president obama's nomination of janet yellen to take over as chair of the federal reserve. if confirmed, she would become the first woman to lead the 100- year-old bank. currently the fed's vice chair. she taught economics at cal berkely. >>> liz cheney dropping out of wyoming's u.s. senate race, today the...
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janet yellen set to become the new fed chairman in minutes. the senate votes at 5:30 p.m. our next guest says he is voting no and is coming on and telling us why. >>> your trip to the supermarket will never be the same again. brands and sensors know which aisle you're in and which can of beans you're looking for. i don't know about this. is this pro-consumer? sounds creepy. we'll be right back. it's just that i'm thaworrieabout, you know,s. "hidden things." ok, why's that? well uhhh... surum...!!! we, i's true. at ally there are no hidn fees. not one. that's nice. no hidden fees, no worries. ally bank. your money needs an ally. tre's nothing like being your own boss! and my custome are reall liking your flat rate shipping. fedex one rate. really mas my life easier. mayba promion isn order. good news. i got a new title. and a rae? nagement couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of f. smoke? nah,i'm good. [ male announcer ] celebrate every win with nicoderm cq, the unique patch with time relea
janet yellen set to become the new fed chairman in minutes. the senate votes at 5:30 p.m. our next guest says he is voting no and is coming on and telling us why. >>> your trip to the supermarket will never be the same again. brands and sensors know which aisle you're in and which can of beans you're looking for. i don't know about this. is this pro-consumer? sounds creepy. we'll be right back. it's just that i'm thaworrieabout, you know,s. "hidden things." ok, why's that?...
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janet yellen not a big market effect right now. while janet yellen comes from the same institution and same board that bernanke is on, she served as his vice chair for quite a while now. it's a different fed. the fed is on the process of removing accommodation right now in terms of extraordinary quantitative easing or bond buying program to keep interest rates low and next step for the fed is going to be winding that down and going back to a more normal regime. another thing different for janet yellen is fed in post-financial crisis era is more of a financial bank regulator. before it was all monitor policy with a little bit of regulation and now the fed is trying to be equal parts regulator and policy maker. >> i know you were tweeting on ben bernanke's final speech expected to be his final speech as chair in philadelphia. so you spent a weekend now last couple of days with all of the economic minds of the country who are all gathered there for their annual meetings. what is the projection looking forward for how the economy is go
janet yellen not a big market effect right now. while janet yellen comes from the same institution and same board that bernanke is on, she served as his vice chair for quite a while now. it's a different fed. the fed is on the process of removing accommodation right now in terms of extraordinary quantitative easing or bond buying program to keep interest rates low and next step for the fed is going to be winding that down and going back to a more normal regime. another thing different for janet...
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janet yellen one step away from becoming the next fed chair. she will be the first woman to lead the central bank. we discuss what this will mean for the global economy. largest e-commerce retailer is progressing to be the next amazon.com. and my producers will try to
janet yellen one step away from becoming the next fed chair. she will be the first woman to lead the central bank. we discuss what this will mean for the global economy. largest e-commerce retailer is progressing to be the next amazon.com. and my producers will try to
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. >>> the senate is also expected to approve janet yellen to become the next leader of the federal reserve and one of the most powerful people in the world. the vote later today is all but assured, yellen set to become the first female chair of the nation's central bank, replacing ben bernanke, who's stepping down after two terms. yellen has the tough job of unwinding of the fed's stimulus programs. >>> it was another deadly weekend in iraq, where at least 18 people were killed in car bombings on sunday. hundreds have now died in fighting since january 1st as militants affiliated with al qaeda battled government troops in the anbar province. but secretary of state john kerry on a trip to the region says that u.s. forces will not be going back to iraq. he pledged continued support for the maliki government there. as for the main goal of secretary kerry's trip to the mideast, he is reporting possible progress in negotiations over peace between the israelis and the palestinians. he spent the last three days trying to find common ground, saying the path is now clearer but nothing is done yet.
. >>> the senate is also expected to approve janet yellen to become the next leader of the federal reserve and one of the most powerful people in the world. the vote later today is all but assured, yellen set to become the first female chair of the nation's central bank, replacing ben bernanke, who's stepping down after two terms. yellen has the tough job of unwinding of the fed's stimulus programs. >>> it was another deadly weekend in iraq, where at least 18 people were...
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janet yellen has been selected to replace ben bernanke as the head of the federal reserve? >> she's the first woman to get the job and first democrat since paul volcker. i expected ben bernanke would get to the end of the term, and they would start this tapering. ben bernanke started the tapering. it means our interest rates are probably going to start to get a little bit higher over the course of the next year. >> can't wait to see your program. ally ali is back. top of the hour. >>> the national weather service is warning about potentially deadly cold temperatures. coming up, we look at what the cold can do to a person. it's not pretty. >>> also, hundreds of thousands of americans who lost their unemployment benefits could get a bit of help if congress can find some common ground. >>> welcome back to "al jazeera america." i'm tony harris. here's a look at your top stories. ira iraq's prime minister called residents of fallujah to drive out what he calls terrorists. rebels from a group called islamic state of iraq are battling government forces to control the cities of ram
janet yellen has been selected to replace ben bernanke as the head of the federal reserve? >> she's the first woman to get the job and first democrat since paul volcker. i expected ben bernanke would get to the end of the term, and they would start this tapering. ben bernanke started the tapering. it means our interest rates are probably going to start to get a little bit higher over the course of the next year. >> can't wait to see your program. ally ali is back. top of the hour....
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i hope that we will confirm janet yellen later today. i come to the floor for a few minutes to do as i have done most weeks since the failure of this senate to pass commonsense gun legislation in the spring of 2013 to talk about the number of americans who have lost their lives due to gun violence. that number stands today at 12,041. 12,000 people have died at the hands of gun violence since december 14, which, of course, is the day in which 206th 7-year-olds lost their lives in newtown connecticut and the professionals who were protecting them. this is probably the last time, madam president, that we will have the chance to display this particular number because the web site that has been totaling this is going to stop doing so. and it's probably a good thing in this respect. once that one became a crooked number we weren't going to have any room on this poster any longer. at some point in the middle of next year, the one two click up to a two. we would be over 20,000 people killed due to guns. frankly, madam president this doesn't even
i hope that we will confirm janet yellen later today. i come to the floor for a few minutes to do as i have done most weeks since the failure of this senate to pass commonsense gun legislation in the spring of 2013 to talk about the number of americans who have lost their lives due to gun violence. that number stands today at 12,041. 12,000 people have died at the hands of gun violence since december 14, which, of course, is the day in which 206th 7-year-olds lost their lives in newtown...
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the senate expected to vote on the domination of janet yellen as the head of the federal reserve. >> there are rules about rest of airline pilots. it lays out how and when crews unfortunate rest. >> we have more on what this means for pilots and travellers. >> the federal aviation administration requires that before going on duty commercial pilots get at least 10 hours of rest between shift, including 8 hours of unintercepted sleep. in the past pilots could spend the eight hours getting to and from the hotel, showering and eating. under the new rules pilots must have 30 consecutive hours of rest, a 25% increase from previousous regulations and limit the time in the cockpit to eight or nine hour, depending on when the flight begins. the rules come in effect an society. delta airlines started to follow the guidelines on wednesday. the largest poiments union, the airlines pilot association welcomed the regulations explaining they were long overdue, adding they fall short. unfortunately the regulations have a critical shortfall, they exclude cargo airmine pilots. it's clear that they exp
the senate expected to vote on the domination of janet yellen as the head of the federal reserve. >> there are rules about rest of airline pilots. it lays out how and when crews unfortunate rest. >> we have more on what this means for pilots and travellers. >> the federal aviation administration requires that before going on duty commercial pilots get at least 10 hours of rest between shift, including 8 hours of unintercepted sleep. in the past pilots could spend the eight...
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eastern on c-span2. >> last november federal reserve chair nominating janet yellen appear before the senate banking committee. during the nearly two and half hour confirmation hearing, she defended the fed monetary policies to sting like the economy including its bond buying program known as quantitative easing. later today the full senate is expected to confirm her to succeed ben bernanke this term expires on january 31. janet yellen has been the federal reserve's vice chair since 2010 and will become the first woman to head the u.s. central bank. bank.. [inaudible conversations] [inaudible conversations] [inaudible conversations] >> i call this hearing to order. today we consider the nomination of the honorable janet yellen to be chair of the board of governors of the federal reserve system for a term of four years. dr. yellen is an extraordinary candidate to lead the federal reserve. she currently serves as a member and vice chair of the board of governors. she previously served as a member of the board of governors in the 1990s. a she was the chair of president clinton's council
eastern on c-span2. >> last november federal reserve chair nominating janet yellen appear before the senate banking committee. during the nearly two and half hour confirmation hearing, she defended the fed monetary policies to sting like the economy including its bond buying program known as quantitative easing. later today the full senate is expected to confirm her to succeed ben bernanke this term expires on january 31. janet yellen has been the federal reserve's vice chair since 2010...
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janet yellen today. can you belong on the markets? >> you can belong on the bond markets. >> prices up yields down. >> when you remove excess liquidity and remove the huge -- what is the word -- distortions in the market. >> a thank you note from bill gross. >> hi, bill. >> more money into his find. >> you're going to see interest rates adjust to the level they should be. >> dan alpert. congratulations, your book, congratulations, it jumped right out. >> i appreciate that. >> we look for the movie. memorial day 2017. time for the agenda. we look at the stories shaping the day. my agenda -- >> jobless benefits. about itcook talking earlier. christina, you nailed of this on wages. jobless benefits for the terminally unemployed or the employee looking for wage gains. i don't see any other topic. it will affect every conversation. republicans to fight this. they want to pay for it but they cannot stop this from happening. there will be an extension. >> there has to be or that will be very depressive to wages. if people show up looking for
janet yellen today. can you belong on the markets? >> you can belong on the bond markets. >> prices up yields down. >> when you remove excess liquidity and remove the huge -- what is the word -- distortions in the market. >> a thank you note from bill gross. >> hi, bill. >> more money into his find. >> you're going to see interest rates adjust to the level they should be. >> dan alpert. congratulations, your book, congratulations, it jumped right...
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we're live at the scene. >> the senate is expected to vote on janet yellen today. a possible snap chat boycott. we'll look in business. >> and get ready, it's going to feel like winter around here. good monday morning to you. thank you for waking up with us. i can't wait to tell you about our changing forecast and the potential for showers, actually looking better at this point. we deal tail everything in a few moments. ♪ [ man ] yo buzz! drop that beat! remix! ♪ hey! must be the honey! ♪ ♪ ♪ you got that medley crunch ♪ go! go! buzz! ♪ go! go! go! buzz! ♪ hey! must be the honey! ♪ ♪ clusters, flakes ♪ that medley crunch, crunch! ♪ clusters, flakes ♪ that medley crunch, crunch! go! ♪ ♪ ♪ hey! must be the honey! ♪ ♪ hey! you got that medley crunch ♪ ♪ hey! must be the honey! ♪ >>> an update to breaking news. police are talking to witnesses now following a deadly stabbing in san francisco at market and octavia now a crime scene. investigators try to figure out what led up to the deadly confrontation inside the lobby of a san
we're live at the scene. >> the senate is expected to vote on janet yellen today. a possible snap chat boycott. we'll look in business. >> and get ready, it's going to feel like winter around here. good monday morning to you. thank you for waking up with us. i can't wait to tell you about our changing forecast and the potential for showers, actually looking better at this point. we deal tail everything in a few moments. ♪ [ man ] yo buzz! drop that beat! remix! ♪ hey! must be...
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today the senate is scheduled to vote on janet yellen's nomination for head of the federal reserve. there's also the $500 billion farm bill and cutting the food stamps. there's more on immigration reform. as you mentioned, this is an election year. all 435 house seats and 35 senate seats are going to be on the ballot, elections that could preclude much progress being made. anne-marie? >> like we need something else. >>> well, coming up on the "mornin news." towering inferno. here in new york city, a victim's fatal mistake as he tried to escape the flames. this is the "cbs morning news." to help you avoid surprises with your credit. good. i hate surprises. surprise! at discover, we treat you like you'd treat you. get the it card and see your fico® credit score. so we made our own commercial to tell you why. chex makes seven gluten free flavors. like cinnamon, honey nut, and chocolate. when you find something this good, you want to spread the word. [ all ] we love chex! you would need like a bunch of those to clean this mess. [ counselor ] you're probably right. hi. cascade kitchen c
today the senate is scheduled to vote on janet yellen's nomination for head of the federal reserve. there's also the $500 billion farm bill and cutting the food stamps. there's more on immigration reform. as you mentioned, this is an election year. all 435 house seats and 35 senate seats are going to be on the ballot, elections that could preclude much progress being made. anne-marie? >> like we need something else. >>> well, coming up on the "mornin news." towering...
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if janet yellen is confirmed, she faces a major challenge weaning the u.s. economy off so much economic stimulus. let's talk about this and more with gloria borgeer and john king and our digital correspondent kelly wallace. gloria, as we await the senate confirmation of janet yellen i think she will be confirmed, she needs just a majority confirmation. ha would make her one of the most powerful women not only in the united states, but around the world. >> powerful woman. and i think that's very important not because she's going to be a different kind of a chairman of the fed, but because she's going to be an important role model for women. economics is a field in which there aren't as many women as some would like. only a third of new economic ph.d.s are women. so when you see more women in this kind of a role in central banking, and she'll be very visible and she'll be speaking a lot publically, it will be a good thing. >> she's going to be a powerful force, if you take a look at the impact that a federal reserve chair could have. >> and consider the moment
if janet yellen is confirmed, she faces a major challenge weaning the u.s. economy off so much economic stimulus. let's talk about this and more with gloria borgeer and john king and our digital correspondent kelly wallace. gloria, as we await the senate confirmation of janet yellen i think she will be confirmed, she needs just a majority confirmation. ha would make her one of the most powerful women not only in the united states, but around the world. >> powerful woman. and i think...
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. >> just a few hours, janet yellen should be the new head of the fed. >> she will be the first woman to ever hold this position, right? >> yeah, that's right. the senate scheduled to vote on the nomination of dr. yellen at 2:30 our time this afternoon. almost certainly will approve her as well. yellen, a former business professor at the high school of business at cal-berkley. she's currently second in command at the fed behind ben bernanke. >>> other news, "the wall street journal's" farhad calling for a boycott of snap chat. it lost millions of personal records in a hack attack thanks to a vulnerability they were warned about. the newspaper columnist suggests a temporary boycott would show snap chat people don't tolerate companies being casual with our da data. people say they're worried about our privacy, but it's rare to see them get all that upset or take action and that's what he wants people to do this morning. back to you. >>> let's check in on our forecast. in terms of how it's looking across the country and where we are, christina is giving us the update. we are definitely w
. >> just a few hours, janet yellen should be the new head of the fed. >> she will be the first woman to ever hold this position, right? >> yeah, that's right. the senate scheduled to vote on the nomination of dr. yellen at 2:30 our time this afternoon. almost certainly will approve her as well. yellen, a former business professor at the high school of business at cal-berkley. she's currently second in command at the fed behind ben bernanke. >>> other news, "the...
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the senate has confirmed janet yellen as the new federal reserve chair, making her the nation's top banker. and the first woman ever to hold the post. she takes over from ben bernanke on february 1st. >>> and we know, tonight is a big night for football fans. the national championship between florida state and auburn. and abc's josh elliott is there with someone in the stands. and the football player who made her wish come true. >> reporter: diane, good evening from the rose bowl here in pasadena, california, where college football will crown a national champion before almost 20 million american viewers. but there is one story behind this game you should know. just getting here, is a huge accomplishment. an no one understands that better than florida state offensive lineman, michael scheerhorn and 12-year-old jayden dispala. >> she couldn't go to her middle school dance because she was sick. >> reporter: jayden's been battling a rare form of cancer. a struggle scheerhorn knows all too well. his own brother, diagnosed at a young age, now, in remission. >> there's people that weren't as fort
the senate has confirmed janet yellen as the new federal reserve chair, making her the nation's top banker. and the first woman ever to hold the post. she takes over from ben bernanke on february 1st. >>> and we know, tonight is a big night for football fans. the national championship between florida state and auburn. and abc's josh elliott is there with someone in the stands. and the football player who made her wish come true. >> reporter: diane, good evening from the rose bowl...
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first one is to confirm janet yellen as first female fed reserve chair. that starts in two hours. the next will test waters on reinstating long-term unemployment benefits. if you missed it, they expired more than a week ago for nearly 1.5 million americans. get used to hearing this message against growing inequality a lot heading into november. democrats are making it their midterm rallying cry. president obama is expected to focus on it in this month's state of the union. some republicans fully aware that november is on the doorstep are willing to extend the benefits if they include job creating measures. it's the inequality campaign of 2014 and for that there is no one better to turn to than luke russert. looking mighty tan. >> golf with john boehner. that's how i do it. >> sure you did. >> what are odds here? do we think jobless benefits will come back? >> well, no matter what happened in the united states senate, it faces an uphill battle, that being unemployment insurance in the house of representatives for the reason that conservative groups are scoring this senate vote and
first one is to confirm janet yellen as first female fed reserve chair. that starts in two hours. the next will test waters on reinstating long-term unemployment benefits. if you missed it, they expired more than a week ago for nearly 1.5 million americans. get used to hearing this message against growing inequality a lot heading into november. democrats are making it their midterm rallying cry. president obama is expected to focus on it in this month's state of the union. some republicans...
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on a day when we're going to get confirmation of maryland yellen at -- janet yellen, her role with the central bank of this country is crucial to the future of the dollar. are you bearish? >> we are bearish. i think it's frustrating for investors to see the economy performing well and not to see the currency performing well. and really since we went to zero interest rates back in late 2008, that's the way it's been. the stock market and the dollar have gone in different directions, been negatively correlated as statisticians say. and the reason being is that when times are good or confidence strong, investors will borrow on u.s. dollars or yen in some cases, and they'll invest in offshore higher yielding assets. cheryl: and that's what overwatching as well. i mean, it really is the relationship in your mind between the dollar and the yen right now. i mean, that carry trade is what's crucial to you. but you're bearish about this trade. >> i am bearish. and the yen will fall at a faster pace than the dollar in 2014. this is going to be a good year for the u.s. economy and for the japanes
on a day when we're going to get confirmation of maryland yellen at -- janet yellen, her role with the central bank of this country is crucial to the future of the dollar. are you bearish? >> we are bearish. i think it's frustrating for investors to see the economy performing well and not to see the currency performing well. and really since we went to zero interest rates back in late 2008, that's the way it's been. the stock market and the dollar have gone in different directions, been...
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yellen to be the next federal reserve chair. current chief ben number than ceo ends his second term january 31st. in one of his final speeches, number than ceo said he foresees stronger growth this year. he said american's finances have improved, and the out look for home sales is brighter. later in the week, we'll get the minutes from most recent meetings. during the november meeting, the fed decided the economy is strong enough it can begin to slowly taper its program by reducing the amount of bonds the agency buys each month. on wall street, investors will be focused on friday's unemployment report. the economy added 203,000 jobs. on wall street trading is expected to pick up. many traders back from holiday vacation. the dow ended friday's session up nearly 29 points, while the nasdaq fell 11. the government may drinking late genetically engineered crops. the government is considering lifting restrictions to resist a common weed killer. scientists and environmentalists fear it could lead to the use of more chemicals on crops.
yellen to be the next federal reserve chair. current chief ben number than ceo ends his second term january 31st. in one of his final speeches, number than ceo said he foresees stronger growth this year. he said american's finances have improved, and the out look for home sales is brighter. later in the week, we'll get the minutes from most recent meetings. during the november meeting, the fed decided the economy is strong enough it can begin to slowly taper its program by reducing the amount...
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. >>> lawmakers are expected to vote on making janet yellen the new chair of the federal reserve. if confirmed, yellen will become the first woman to leave the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. she will succeed ben number than ceo. his second term ends at the end of the month. during her career, yellen taught exhibition at uc berkeley. >>> president obama is also back to work in washington, d.c. today, returned to the white house with his daughters until yesterday after that two-week vacation in hawaii. the summation said the first lady is staying behind on the islands to celebrate her 50th birthday coming up. the president returns to a long list of to do items, including finalizing the budget. >>> looks like liz cheney is exiting the u.s. senate race in wyoming. the eldest daughter of kick cheney was trying to unseat incumbent senator -- bid was challenged from the beginning. many questioned her wyoming roots as she grew up in virginia. cheney says she's dropping out because of health issues. >>> 5:19 now. mitt romney said it eels time
. >>> lawmakers are expected to vote on making janet yellen the new chair of the federal reserve. if confirmed, yellen will become the first woman to leave the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. she will succeed ben number than ceo. his second term ends at the end of the month. during her career, yellen taught exhibition at uc berkeley. >>> president obama is also back to work in washington, d.c. today, returned to the white house...
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>> reporter: the tomorrow one is getting janet yellen the federal reserve chairman. this is one that did not get dealt with over the holiday. and watch for the senate to work through that confirmation today. the weather could play a role in this. they to get enough members back here in washington working and voting that they can move for these votes today. >> libby casey joining us live from capitol hill. thank you very much. >>> as you heard libby say our other top story is that extrem extremely dangerous weather spreading across the country. dave warren joins us with more on that biting cold. >> meteorologist: yes, biting cold out there, and we're calling this polar vortex because it is poler air, air that you would find over the north pole, and sometimes the weather pattern allows this cold air to come down across the country here. that's what we're seeing now. it spins an area of low pressure. there is the polar air. it's up over the north poll, it comes all the way down and continues to spin. it remains fairly stationary. it's bitter cold air and that comes with
>> reporter: the tomorrow one is getting janet yellen the federal reserve chairman. this is one that did not get dealt with over the holiday. and watch for the senate to work through that confirmation today. the weather could play a role in this. they to get enough members back here in washington working and voting that they can move for these votes today. >> libby casey joining us live from capitol hill. thank you very much. >>> as you heard libby say our other top story...
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also, look for a confirmation vote for former uc berkeley professor janet yellen to make her the next chairman of the federal reserve. >>> not popular enough? a new trend to gain fans on facebook, well, you can hire a click farm, an ap report has been tracking a growing global marngt place for fake clicks and likes inflating engagement numbers. they are websites selling online engagement hits covering everything from linked in connections to fake twitter followers. the federal trade commission says a number of state attorneys general have targeted face endorsement online but haven't weighed in on the bogus clicks. >> my friends are really friends. still to come at 5:00. ready for a rocket ride? a new milestone for india's space program blasting off today. mom... yes honey? dad told me that cheerios is good for your heart, is that true? says here that cheerios has whole grain oats that can help remove some cholesterol, and that's heart healthy. [ dad ] jan? ♪ >>> india is celebrating the successful launch of a communications satellite today. >> three, two, one, zero. >> liftoff. >> t
also, look for a confirmation vote for former uc berkeley professor janet yellen to make her the next chairman of the federal reserve. >>> not popular enough? a new trend to gain fans on facebook, well, you can hire a click farm, an ap report has been tracking a growing global marngt place for fake clicks and likes inflating engagement numbers. they are websites selling online engagement hits covering everything from linked in connections to fake twitter followers. the federal trade...
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also today the senate will vote on the confirmation of janet janet yellen to be the new federal reserve chair. that vote will also take place at about 5:30, and only a simple majority is needed. live coverage of the senate gets underway today at 2 p.m. eastern right here on c-span2. >>> and on capitol hill, top appropriators this the house and senate will meet to work through remaining policy and funding differences in the overall budget proposal reached last month by congressman paul ryan and senator patty murray. congressional action is necessary to avoid a january 15th government shutdown. >> also today on the c-span networks, journalists discuss cybersecurity and cyber warfare issues and their impact on various areas of society including the military, business, politics and families. you'll hear from correspondents and editors from various media outlets including "the new york times," the wall street journal, the u.k.'s "guardian," npr and "foreign policy" magazine. also speaking the co-authors of a book examining how people and governments can protect themselves from cyber attacks.
also today the senate will vote on the confirmation of janet janet yellen to be the new federal reserve chair. that vote will also take place at about 5:30, and only a simple majority is needed. live coverage of the senate gets underway today at 2 p.m. eastern right here on c-span2. >>> and on capitol hill, top appropriators this the house and senate will meet to work through remaining policy and funding differences in the overall budget proposal reached last month by congressman paul...
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the senate is going to vote on janet yellen's nomination. that's set for 5:30. oh, my god, they are working that late today? she's expected to win confirmation. and treasurecy secretary jack lew is going to visit france, germany and portugal and hold discussions with his counterparts. he's expected to renew pressure on germany to boost domestic demand and embrace a deeper banking union, which a lot of people think would be important. they have -- they are supposedly one place and it's only just -- words are one thing, but they need to have a lot more things to come under one body. >> that was the problem the whole time. you have to be able to take autonomy and make decisions overall, if you can't do that -- >> remember when tim told him what to do. they didn't like that. >> yeah. they do chafe at things like that, but i think we're in a position -- >> it's a lousezy time of year to go over there. >> we're headed to, i do. >> if he's going to ski, that's a different story. >>> we'll talk about technology news, the annual international gadget show is taking place
the senate is going to vote on janet yellen's nomination. that's set for 5:30. oh, my god, they are working that late today? she's expected to win confirmation. and treasurecy secretary jack lew is going to visit france, germany and portugal and hold discussions with his counterparts. he's expected to renew pressure on germany to boost domestic demand and embrace a deeper banking union, which a lot of people think would be important. they have -- they are supposedly one place and it's only just...
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that's president obama's 401-k lead the federal reserve janet yellen. carol it's not exactly clear wornt democrats have the votes on those unemployment benefits. they need about a handful republicans to join them. not clear if they will get them. >> jim acosta reporting from the white house this morning. still to come in the "newsroom" think twice before you light up. colorado's new marijuana law could cost you. cnn's chief business correspondent christine romans has more. >> reporter: i'll tell you why after the break if you legally smoke marijuana in colorado you can be fired from your job even if you're smoking on your own premises on your own time. >>> colorado's new marijuana law means you can legally buy and sell pot, can you even grow pot in your own home. that doesn't mean you get a free pass if your boss catches you smoking both on your off time. according to state laws employers can still impose their own anti-drug policies and that means your job could go up in smoke if you're caught getting high. let's bring in cnn chief business corresponde
that's president obama's 401-k lead the federal reserve janet yellen. carol it's not exactly clear wornt democrats have the votes on those unemployment benefits. they need about a handful republicans to join them. not clear if they will get them. >> jim acosta reporting from the white house this morning. still to come in the "newsroom" think twice before you light up. colorado's new marijuana law could cost you. cnn's chief business correspondent christine romans has more....
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. >>> 67-year-old janet yellen is currently the vice-chair and she is the chair and yell lynn was the first -- yellen will be the first woman to expire at the end of the month. >>> nancy pelosi will be scheduled to speak as the school fights to stay open. a judge granted a partial injunction to allow them to keep their accreditation and they were scheduled to lose their accreditation to financial mismanagement which caused the school to affect 80,000 students. the lottery wrote a check to $1.3 billion to california public education and we hear that number is growing. >>> time to check in with torii campbell for a look at what is coming up on mornings on 2. >>> coming up, the leader of germany gets hurt. what they had been doing and how long she will be off her feet. >>> and a newspaper photo has been taken in washington d.c. to illustrate the cold weather which will solve a mystery in new york. and hundreds will be stand being here and that's all ahead on the ktvu channel 2 morning news. >>> well well, for the monday -- well, for the monday morning commute we have a lot more people on
. >>> 67-year-old janet yellen is currently the vice-chair and she is the chair and yell lynn was the first -- yellen will be the first woman to expire at the end of the month. >>> nancy pelosi will be scheduled to speak as the school fights to stay open. a judge granted a partial injunction to allow them to keep their accreditation and they were scheduled to lose their accreditation to financial mismanagement which caused the school to affect 80,000 students. the lottery...
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the senate is scheduled to vote on janet yellen's nomination to lead the federal reserve. she is expected to succeed ben bernanke as chief of the central bank. jaki mcmath who was declared brain dead is out of a california hospital and still on a ventilator. her family said it will try to bring her to a place for rehabilitation. >>> it is sentencing day for jihad jane, colleen rose of pennsylvania facing a possible life sentence for her role in a global terror plot to murder a swedish artist whose drawings outraged muslims. >>> pope francis celebrating epiphany. he announced he'll travel to the holy land in may. kate, over to you. >>> also new this morning, investigators are looking into that deadly fire in a manhattan high rise that happened sunday. one person was killed as more than a 100 firefighters worked to try to extinguish the flames. the video is terrifying. we're also hearing remarkable tales of survival. one family walked down more like ran down 40 flights of stairs through smoke filled air to reach the ground and safety. john, maria are here with me as well as
the senate is scheduled to vote on janet yellen's nomination to lead the federal reserve. she is expected to succeed ben bernanke as chief of the central bank. jaki mcmath who was declared brain dead is out of a california hospital and still on a ventilator. her family said it will try to bring her to a place for rehabilitation. >>> it is sentencing day for jihad jane, colleen rose of pennsylvania facing a possible life sentence for her role in a global terror plot to murder a swedish...
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yellen confirmation. all that and much more coming up on "the pulse." you can consult us both on twitter. guys at guy johnson tv and we will see you in a couple of minutes. >> 9000 canceled flights and counting. the travel chaos continues as the u.s. gets hit to the coldest weather in 20 years. >> the weather is not great in britain either, but that is not stopping london's boat show from humming into town as the boating industry makes a comeback. we speak with the prestigious yacht builder sun seekers managing director stuart mcintyre. >> the slowest growth in the second largest company in the world. ♪
yellen confirmation. all that and much more coming up on "the pulse." you can consult us both on twitter. guys at guy johnson tv and we will see you in a couple of minutes. >> 9000 canceled flights and counting. the travel chaos continues as the u.s. gets hit to the coldest weather in 20 years. >> the weather is not great in britain either, but that is not stopping london's boat show from humming into town as the boating industry makes a comeback. we speak with the...
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. >> janet yellen as the head of the federal reserve is due to be voted on. >> a flight from san francisco to new york made an emergency landing because of a bomb scare. an american airlines plane landed. the precautions were taken after a flash drive was taped to the bath room wall. parnings and crew -- passengers and crew were evacuated. nothing else suspicious was found and passengers were allowed reboard and continue the flight. >> a small plane crashed killing one person. the plane, a bombardier challenger 600 was on route from tuscon to aspen. eyewitnesss say it caught fire whilst trying to land. >> now rules for commercial pilots by the ffa. details next. >> if you have recently visited a yahoo website, your computer may be infected. >> the computers of hundreds of thousands of users who visited yahoo websites may have been vected by malhair. people that clicked on ads could have received malicious software. it's been happening since december 30th. it's unclear who is behind the attack. yahoo! has started to remove the harmful ads. >> voting precincts were virtually empty, but stree
. >> janet yellen as the head of the federal reserve is due to be voted on. >> a flight from san francisco to new york made an emergency landing because of a bomb scare. an american airlines plane landed. the precautions were taken after a flash drive was taped to the bath room wall. parnings and crew -- passengers and crew were evacuated. nothing else suspicious was found and passengers were allowed reboard and continue the flight. >> a small plane crashed killing one person....
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looking today to a potential vote on janet yellen. will she be the 15th fed president? die? >> given the weather in the states, maybe she could be cross-country skiing as well. is "the pulse." keep it right here on bloomberg tv. >> we will see you tomorrow. >> the president returns to a washington fixated on and even an unequal economic growth. it washington fixated on the 2014 elections. john malone and liberty media want to buy time warner cable. and bitcoin, i am sick of it. some say it is theoretical hogwash. in the meantime, get out your bitcoin wallet. good morning, this is "bloomberg surveillance." we are live. liu.ng me, betty she has never been up this morning. wonderful to have you. great to have you. are you going to do 6-8? >> and the 9:00 to 10:00. >> exclusive for betty liu. cristina alesci with us as well. we pushed the camaro out on friday. >> that was impressive. >> we pushed it on 3rd avenue. >> not a good advertisement for camaro. >>
looking today to a potential vote on janet yellen. will she be the 15th fed president? die? >> given the weather in the states, maybe she could be cross-country skiing as well. is "the pulse." keep it right here on bloomberg tv. >> we will see you tomorrow. >> the president returns to a washington fixated on and even an unequal economic growth. it washington fixated on the 2014 elections. john malone and liberty media want to buy time warner cable. and bitcoin, i am...
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business professor janet yellen, which would make her the next chairman of the federal resef reser reserve. >>> president obama is back at the white house this week following a 15-day vacation in hawaii. he has a long list of priorities as congress returns this week. nbc's christin welker reports. >>> back from sunny huh hi, president obama returned to a much colder washington, d.c. this morning. a fitting backdrop as he gears up for the first fight in 2014 -- tengsding unemployment benefit which is expired in december for 1.3 million americans who have been out of work for six months or longer. in his weekly media message, mr. obama blames republicans for leaving those benefits oit of last month's budget deal. >> denying families that security is just plain cruel. we're a better country on that. . >> on monday, the senate will vote to extend the benefits for three months. many republicans say they will only support it if the $6.5 billion price tag is offset by spending cuts. >> i've always said that i'm not opposed to unemployment insurance. i'm opposed to having it without paying for it.
business professor janet yellen, which would make her the next chairman of the federal resef reser reserve. >>> president obama is back at the white house this week following a 15-day vacation in hawaii. he has a long list of priorities as congress returns this week. nbc's christin welker reports. >>> back from sunny huh hi, president obama returned to a much colder washington, d.c. this morning. a fitting backdrop as he gears up for the first fight in 2014 -- tengsding...
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. >> which will be the bay area's janet yellen. good morning. the senate almost certainly will vote on dr. yellen today and will almost certainly approve her as well. yellen of course a former business professor at the school of business at cal berkeley. she is currently second in command at the fed behind ben bernanke. we're looking to the jobs number this week for a look at the markets ahead of the bell let's turn to courtney reagan live at cnbc world headquarters. good morning. >> good morning. futures are lower as the markets come off after down week, the first negative start to a new year since 2008. however, volume was low last week, many traders still out on vacation so we'll see what happens. the big focus this week will be that u.s. jobs report on friday morning. it's a key gauge of momentum that we've seen show up in reports on manufacturing and consumer spending. we'll get data on services sector and factory orders. on friday the dow was up to 16,470, the nasdaq slipped 11 to 4132, so that's our starting point today. back to you. >> t
. >> which will be the bay area's janet yellen. good morning. the senate almost certainly will vote on dr. yellen today and will almost certainly approve her as well. yellen of course a former business professor at the school of business at cal berkeley. she is currently second in command at the fed behind ben bernanke. we're looking to the jobs number this week for a look at the markets ahead of the bell let's turn to courtney reagan live at cnbc world headquarters. good morning....
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lori: a vote to confirm janet yellen. but first, th a case for makinga confirmation conditional reining in the central banks power. good luck with that. welcome back. how is everything there's nothing like being your own boss and my customers are really liking your flat rate shipping. fedex one rate. realy makes my life easier. maybe promotion is in order. ood news. i got a new title. and a raise? management couldt ma that happen. [ ma announcer ] inroducing fedex one rate. simple, flat rate shipping with the reliability of fedex. lori: time for stocks now. let's head to the floor of the new york stock exchange and our own nicole petallides. nicole, we're getting a glimpse of holiday seas, right? >> we're lookiig at best buy and hh breath. both -- hh greg. both are in appliances and electronics. hh greg had tough number, 11% to the downside the stock is showing that. janney, one of the analysts says, best buy, don't put them in the same category. they did well with televisions and like and gained market share. lori: okay,
lori: a vote to confirm janet yellen. but first, th a case for makinga confirmation conditional reining in the central banks power. good luck with that. welcome back. how is everything there's nothing like being your own boss and my customers are really liking your flat rate shipping. fedex one rate. realy makes my life easier. maybe promotion is in order. ood news. i got a new title. and a raise? management couldt ma that happen. [ ma announcer ] inroducing fedex one rate. simple, flat rate...
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the senate will also vote on janet yellen's nomination. she's expected to be confirmed as the first woman chair of the federal reserve. also on the to-do list for lawmakers this month, a push by democrats to raise the minimum wage to $10.10 an hour. that's expected to be the centerpiece of the president's state of the union address. negotiators must hammer out a $1 trillion spending bill before government funding expires on january 15th. and craft a farm bill compromise. the longer they wait, the longer the consequences, like a projected spike in milk prices. the president is expected to announce reforms to the nsa surveillance programs in january, hanging over all this, ladies and gentlemen, the future of the health care law. democrats are working aggressively to change the story line in 2014, even while downplaying expectations. >> 2.1 million have signed up, the 7 million by march. how do you get there? >> there's no magic number. the key is to enroll as many people, have an exchange that's working. >> nbc's senior political editor mark
the senate will also vote on janet yellen's nomination. she's expected to be confirmed as the first woman chair of the federal reserve. also on the to-do list for lawmakers this month, a push by democrats to raise the minimum wage to $10.10 an hour. that's expected to be the centerpiece of the president's state of the union address. negotiators must hammer out a $1 trillion spending bill before government funding expires on january 15th. and craft a farm bill compromise. the longer they wait,...
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and the nomination of janet yellen as the head of the federal reserve. >>> a small jet crashed, the 23 passenger jet crashed when trying to land in aspen. >>> an american airlines flight, headed to new york, landed this afternoon in kansas city after someone found a flash drive taped to a bathroom wall. everyone was safely evacuated after the plane was cleared passengers reboarded and continued that flight. >>> new rules on rest for airline pilots were issued this weekend. al jazeera's antis hasan is here. >> it is a big deal. the regulations apply specifically to pilots of course travelers are affected. this is the first change in over 50 years, covering rules how and when crew rests between flights. the federal aviation administration requires that before going on duty all commercial pilots get at least ten hours of rest between shifts, including eight hours of uninterrupted sleep. in the past, pilots could spend those eight hours getting to and from the hotel, showering and eating. under the new rules, pilots now must have 30 consecutive hours of rest each week. that's a 25% increas
and the nomination of janet yellen as the head of the federal reserve. >>> a small jet crashed, the 23 passenger jet crashed when trying to land in aspen. >>> an american airlines flight, headed to new york, landed this afternoon in kansas city after someone found a flash drive taped to a bathroom wall. everyone was safely evacuated after the plane was cleared passengers reboarded and continued that flight. >>> new rules on rest for airline pilots were issued this...
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. >> and what about the confirmation of janet yellen as fed chair. explain where the temperature sis on that one. >> that should go forward in light of changes that have made it easier to get confirmations through. i'm told by talking to a bunch of people here that at 5:30 that vote is scheduled if everything goes forward given the weather issues and she's likely to be confirmed without much of a problem at all. there have been some who have opposed her but this kind of nomination is likely to get passed and it's the type of nomination where republicans can even find some support in giving the president his option to pick the people he wants to serve. thomas? >> kelly o'donnell, thank you. appreciate it. joining me right now, national political reporter for the atlantic and msnbc contributor. let's start about this. the support for this bipartisan extension of unemployment benefits. molly, it looks bleak in the senate with republicans saying they won't vote for it if it doesn't include spending cuts. even if the proposal passed the senate, house repu
. >> and what about the confirmation of janet yellen as fed chair. explain where the temperature sis on that one. >> that should go forward in light of changes that have made it easier to get confirmations through. i'm told by talking to a bunch of people here that at 5:30 that vote is scheduled if everything goes forward given the weather issues and she's likely to be confirmed without much of a problem at all. there have been some who have opposed her but this kind of nomination...
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we have a lot of data, possibly janet yellen's confirmation this afternoon. there's a lot for the market to digest. bob pisani is here to talk about it. >> the dow was up 50 points and within ten minutes of being on the air, ten minutes i was on air for the open, we just drifted lower. take a look at the s&p 500. we're struggling now, essentially three days on the down side. that hasn't happened since 2005. bond yields drop as the ism services came in weaker than expected and it kept dropping. the markets didn't immediately react to that but there you see right after 10:00, those numbers coming in. people asking me what's wrong with the stock market, bob. i'm not sure there is a lot wrong with it. if you want some reasons, the china data was weaker the last several days, the ism services and the manufacturing numbers. the u.s. data has been choppy. the services number for today for ism and the december auto sales were nothing to write home about. then the cold weather has been impacting the economy. hope you have been listening to phil out there talking about
we have a lot of data, possibly janet yellen's confirmation this afternoon. there's a lot for the market to digest. bob pisani is here to talk about it. >> the dow was up 50 points and within ten minutes of being on the air, ten minutes i was on air for the open, we just drifted lower. take a look at the s&p 500. we're struggling now, essentially three days on the down side. that hasn't happened since 2005. bond yields drop as the ism services came in weaker than expected and it kept...
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janet yellen expected to be confirmed as the next fed chair. if she's confirmed she'll be the first woman ever to run the federal reserve starting february 1st. alfred former richmond federal reserve president and risk advisory chairman joining us this morning with more. guys, good morning to both of you. >> good morning, carl. >> it's been said she's in, mark, essentially. the thing to watch will be no votes. i think bernanke got 30, which was one of the highest ever. what are you expecting? >> when you're going through the confirmation process, no news is good news, and that's what we're hearing about vice chair yellen at the moment. i suspect it will be a handful of votes but not many. now that you only need to reach the 50-vote threshold, that makes it a lot easier and a lot less reason to get excited. >> al, after today and after she is effectively given the gavel, how does she get through the first couple of weeks here? we're going to get a lot of fed speak. and now that we know the taper question is relatively answered, what are we looki
janet yellen expected to be confirmed as the next fed chair. if she's confirmed she'll be the first woman ever to run the federal reserve starting february 1st. alfred former richmond federal reserve president and risk advisory chairman joining us this morning with more. guys, good morning to both of you. >> good morning, carl. >> it's been said she's in, mark, essentially. the thing to watch will be no votes. i think bernanke got 30, which was one of the highest ever. what are you...
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the senate expected to vote monday on the confirmation of janet yellen. the december procedural vote suggested she will be confirmed with our partisan support. appropriations and on the forefront heard last month the bipartisan deal said that overall spending limits for domestic and defense program. nine must decide by january 15, should go to individual departments and programs for the rest of the fiscal year? we will be watching the stories in congress is weak. tennessee.larksburg, 2003 and was there in the iraqi people are basically a good bunch of people except for the leaders, who are confused. we shouldn't send more soldiers over there and basically the only reason why there are soldiers over there now in the support element is because of the corporations that are over soldiers andrting sucking resources. that is all let's say about that. host: host: our topic this morning, which is a future role of the u.s. in iraq the. allen is on the line for democrats. good morning, everyone. , it is [indiscernible] i think from this topic i want the two faction
the senate expected to vote monday on the confirmation of janet yellen. the december procedural vote suggested she will be confirmed with our partisan support. appropriations and on the forefront heard last month the bipartisan deal said that overall spending limits for domestic and defense program. nine must decide by january 15, should go to individual departments and programs for the rest of the fiscal year? we will be watching the stories in congress is weak. tennessee.larksburg, 2003 and...
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. >> the confirmation of janet yellen as the next chairman of the federal reserve, the multi-billion dollars decision she faces if given the job and wide raking implications it could have. >> 20 billions is our big number of the day and how much one of the u.s.'s biggest banks have had to pay the government. why that amount is said to grow even more, thanks to bernie madoff. >> tossed big number directly affects this nation's biggest bank, $20 billion, that's the amount of fines j.p. morgan chase haded to pay out to the government over the last year, including a $2 million settlement, the bank will pay fines for its ties to the bernie madoff case, the government said chase ignored signs of the ponzi scheme. troubled mortgage securities led up to the financial cries and they paid fines. did he say fight the fines, j.p. morgan has assets of $2.4 billion. >> that's a drop in the bucket. >> secretary of state john kerry says the u.s. will not be sending troops to assess iraq as its government works to regain control of major cities from al-qaeda fighters. we're going to talk about what t
. >> the confirmation of janet yellen as the next chairman of the federal reserve, the multi-billion dollars decision she faces if given the job and wide raking implications it could have. >> 20 billions is our big number of the day and how much one of the u.s.'s biggest banks have had to pay the government. why that amount is said to grow even more, thanks to bernie madoff. >> tossed big number directly affects this nation's biggest bank, $20 billion, that's the amount of...
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. >>> and today lawmakers on capitol hill are expected to confirm janet yellen as the next chair of the federal reserve. if that happens she will become the first woman to lead the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. taught exhibition at uc berkeley. >> les cheney dropping out of the u.s. senate race in wyoming. the eldest daughter of kick cheney was trying to unseat incumbent senator mike envy. cheney's senate bid was bumpy from the beginning many questioned ties to wyoming. cheney said she's dropping out because of health issues. >>> investigators will look into a deadly plane crash in colorado. a private jet flipped over and caught fire when it tried to land in aspen yesterday. the plane was arriving from mexico after a stop in arizona. . >> it is good. >> phil dawson kicking a field goal as time expired to give the 49ers a 23-20 victory. the first round of the playoffs yesterday. the 9ers now to go on to play the panthers sunday for a spot in the nfc title game >> jahai mcman out of the hospital and headed off to an undisclosed location. thi
. >>> and today lawmakers on capitol hill are expected to confirm janet yellen as the next chair of the federal reserve. if that happens she will become the first woman to lead the 100-year-old central bank. the 67-year-old is currently the fed's vice chair. taught exhibition at uc berkeley. >> les cheney dropping out of the u.s. senate race in wyoming. the eldest daughter of kick cheney was trying to unseat incumbent senator mike envy. cheney's senate bid was bumpy from the...
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. >>> the senate is also busy expected to confirm janet yellen as the first woman to head the fed succeeding ben bernanke. >>> one of the most intriguing and talked about questions in d.c. and around the country, will but according to a new report by politico, there are quite a few loyal friends and former colleagues urging her to stay out of the race, or at least wanting her to stay out of the race. politico reports that over the summer, mrs. clinton sat down with a group of aides for a detailed discussion on the pros and the cons of running. there is no better person to talk about this than our wolf blitzer, who knows everything inside and outside of washington. so start with the basics. what about that meeting? how technical was it, how important oh, should we read any tea leaves with that meeting? >> i don't think it should be a surprise to anyone she is at least thinking about running for the democratic presidential nomination, once again. it's early right now, relatively early, although you speak to some of the political strategists out there, it's never too early, if you really want t
. >>> the senate is also busy expected to confirm janet yellen as the first woman to head the fed succeeding ben bernanke. >>> one of the most intriguing and talked about questions in d.c. and around the country, will but according to a new report by politico, there are quite a few loyal friends and former colleagues urging her to stay out of the race, or at least wanting her to stay out of the race. politico reports that over the summer, mrs. clinton sat down with a group of...
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yellen to be the next fed chair, along with the democrats push to raise the minimum wage and immigration fight for reform. this afternoon, senators will hold a procedural vote on a proposal by dean heller and democrat jack reid that would offer a temporary extension of jobless benefits, but republicans are signaling that they won't back it without spending cuts, setting up another potential showdown. >> not opposed to unemployment insurance, i am opposed to having it without paying for it. i think it's wrong to borrow money from china. >> this is typical for republican members of congress. not republicans, but republican members of congress. the vast majority of the american people believe that unemployment benefits should be extended. never have we ever considered not extending them. >> joining me now, democratic congressman peter welch from vermont. as we dig deeper into the republican compromise of reid and heller, it does propose a $6.5 billion price tag and it's unclear if it's going to get the 60 votes needed to pass the procedural hurdle, but as "the washington post's" ed o'keefe
yellen to be the next fed chair, along with the democrats push to raise the minimum wage and immigration fight for reform. this afternoon, senators will hold a procedural vote on a proposal by dean heller and democrat jack reid that would offer a temporary extension of jobless benefits, but republicans are signaling that they won't back it without spending cuts, setting up another potential showdown. >> not opposed to unemployment insurance, i am opposed to having it without paying for...